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SpaceX raises $850 million in latest funding round, valuation now at $74 billion
Elon Musk’s SpaceX has completed another round of equity funding, and just like its rockets its valuation has soared to around $74 billion. According to people familiar with the financing who spoke to CNBC, SpaceX […]
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Tesla will lose global EV sales lead to VW by 2025: Analyst
Tesla will lose its top spot in the world’s electric vehicle (EV) sales rankings by 2025 to Volkswagen, according to a market forecasting analysis by LMC Automotive. Over the course of the next five years, […]
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Lucid Motors close to SPAC deal: Report
As Lucid Motors nears the release of its first luxury electric vehicles (EVs), its is reportedly close to going public through a merger with a special purpose acquisitions company (SPAC). Last month we reported that […]
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Mercedes Benz cancels delayed release of EQC SUV in North America
To say the launch of the Mercedes Benz EQC electric SUV has been a bit bumpy might be an understatement. Now it has gone from bad to worse as the German automaker has cancelled its […]
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Tesla Surrey Sales Center now open, Service Center opening soon
Tesla’s newest location in Surrey, British Columbia is now officially open after welcoming the first customers this weekend. Sales Center Located at 19505 Langley Bypass, the sales side of the new location opened on Saturday, […]
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Tesla China offering free trial of Enhanced Autopilot
As part of their Chinese New Year celebrations, Tesla is now offering a trial of Enhanced Autopilot (EAP) in China. The first offer is for new buyers who received their vehicles before February 15. Tesla […]